ESPN BET Promo Code INQUIRER: Make a bet, get $150 bonus bets

If you’re reading this piece, you know that ESPN BET is the newest sports betting site to join the North American online sports betting scene as of November 14th, 2023.

The ESPN BET promo code is INQUIRER, and this code must be entered to get their sign-up offer of $150 in bonus bets that simply require you to place a bet on any market to unlock.

In this piece, we’ll take a look at everything related to ESPN BET and how the company fits into the online sports betting market. Keep reading for more!

The standard ESPN BET promo code available in North American states is INQUIRER, which unlocks the Make Any Sportsbook Bet, Get $150 in Bonus Bets offer.

A 200% deposit match up to $500 in eligible cashback promotion applies to all ESPN BET states.

Here are the latest news to know about the upcoming launch of ESPN BET:

In order for ESPN BET to become a reality, ESPN and PENN Entertainment came together on a deal that would create their very own ESPN Sportsbook called ESPN BET.

The deal was announced on Aug. 9 by PENN National Gaming, who announced the deal for ESPN BET would extend over 10 years. ESPN BET has the highest of expectations for their sportsbook, which will immediately have to compete with the likes of DraftKings Sportsbook and FanDuel Sportsbook.

One thing is for certain: it’ll be interesting to see ESPN BET compete with those titans as well as rising sports betting sites such as Fanatics Sportsbook and bet365 Sportsbook.

The ESPN BET promo code INQUIRER is for new customers 21 years or older in the U.S. Their new welcome offer is $150 in bonus bets that you can unlock simply by betting any amount of money on any market.

$100 of your $150 reward will come as five $20 bonus bets. Your final $50 will come as one bonus bet of that amount and you’ll have seven days to use each bonus bet after receiving it.

Sports bettors saw ESPN BET go live with its ESPN BET promo code, sports betting app, and website on November 14th.

We didn’t know for the longest time exactly when we could expect the sportsbook to launch. But we received definitive news from PENN Entertainment CEO Jay Snowden, who gave us this information before the start of the 2023 NFL season.

“I also think the time of year that we’re launching, mid-season, is actually great. … I think we’re going to be able to make a lot of noise, get a lot of attention. And you’re coming in at a point in the year where people have probably burned through most of their bonus bet promos and deposit matches and so to be able to sort of reload mid-year with a new app and new experience that’s fully integrated with ESPN, I think that speaks to top of funnel.

Here are the latest updates regarding the ESPN BET launch:

Since ESPN BET is partnered with PENN Entertainment, you can expect to receive loyalty points through the PENN Play Loyalty Program when you wager on the ESPN BET app or desktop website.

PENN Entertainment’s loyalty program is arguably the most generous rewards program in the sports betting or online casino industry, and the partnership with ESPN expands the possibilities of what rewards and benefits could be offered.

Sports bettors should be able to find all relevant information regarding ESPN BET’s rewards program on their website once the product goes live, as they’ll be sure to want to promote the perks that come with the PENN Play Loyalty Program.

Another way ESPN BET plans to attract bettors is through its sweepstakes. Entering gives fans a chance to win an exclusive trip to the ESPN headquarters in Bristol, Connecticut. Stay tuned for more details.

The NFL is the most watched sport in North America, with all of the NFL playoff games that took place in 2023 ranking among the top 50 most watched sporting events of the year through Aug. 17, 2023.

ESPN is a popular destination for football fans to go for analysis throughout the season, with TV shows such as “First Take” being incredibly popular during football season.

When it comes to betting, the NFL is the most bet on sport in the country. A study conducted in October of 2022 by CRG Global revealed that 81% of bettors of legal betting age placed a bet on the NFL during September of 2022. That was 27 percentage points higher than the second-closest league, which was the NBA.

With November 14th being the launch date for ESPN BET, it’ll be interesting to see the site capitalize on flocks of new bettors early upon launch. With the American Gaming Association survey revealing 73.5 million Americans are expected to bet on the NFL this year, this could very well be true.

As mentioned above in the NFL section, the NBA is the second-most bet on sport in North America. Oct. 24 is when the 2023 NBA regular season tipped off, so the launch of ESPN BET will come at a perfect time.

ESPN focuses heavily on the NBA during the months when the NFL offseason is in session, with a slew of TV personalities including Stephen A. Smith primarily discussing basketball throughout the spring months.

Although MLB isn’t watched or bet on to the same degree as the NFL or NBA, there’s certainly a market for baseball betting during the summer months when football and basketball are both in their offseasons.

The November 14th launch of ESPN BET will be a little too late for MLB fans to wager this year, but bettors can look forward to the 2024 season.

There are 18 states in which the ESPN BET app is playable. Below is a list of these states, their retail partners, and when you can expect the state to go live with ESPN BET.

In addition to the numerous states that already have a PENN sports betting product licensed and live, it is also expected that ESPN BET finds its way into a few additional jurisdictions. But at this time, we can’t be sure where they plan on going next.

ESPN BET has a healthy selection of betting types available, as this is one of the most important things every sportsbook needs to nail in order to keep players returning to their platform.

Futures bets are predicting the outcome of something that won’t be decided until further out in the future. For example, at the start of the NBA season, you could place a futures bet on who you think the NBA Finals winner will be, who will win the NBA MVP award, and which team will win a certain division.

Moneyline markets are the most common and popular type of bet type you can place, with this simply being a matter of which team you think will win the game. For sports like baseball and soccer especially, the moneyline is a much more popular bet type than totals or spreads.

Rather than just sticking to placing one singular bet, players will be able to create parlays on ESPN BET. Parlays let you combine multiple bets together into one all-encompassing wager that requires you to correctly predict each bet (Leg) of your parlay in order to win.

Some sportsbooks will occasionally run a promotion for parlay insurance, which essentially offers your stake back in case your parlay doesn’t win. It’s unknown whether the ESPN BET mobile app will run this type of promotion or not, but it’s something to keep an eye out for and consider using if the opportunity presents itself.

There are multiple types of prop bets for sports bettors, including player props, team props, and game props. Player props are wagers you can place on players in a specific game, such as their point total or touchdown total.

Team props are wagers you can place on a team’s overall performance such as whether they will have over or under a certain amount of points by halftime. Finally, game props let you bet on the game as a whole, with examples being the winning margin and whether or not there will be overtime.

While parlays are a combination of single bets being placed into one cumulative bet, a round robin bet is multiple parlays being thrown together into one even larger bet that requires all of your parlays to hit for you to win.

Spreads are also known as the run line in baseball, and this betting market just means the difference in the final score between the two teams. If a run line is -1.5, that means you win if your team wins by two or more runs. If it’s +1.5, you can win your bet if your team loses by one run or less or wins the game outright. In football and basketball, almost every game will have a designated point spread in order to even the playing field between two teams that are not on the same level in terms of talent.

Teaser bets give players the flexibility to edit the spreads and the odds of games. You can change the spread to something you view more favorably, but you lower your odds by doing so.

Betting on totals markets just means you’re betting on the final score of the game. If the market has an O next to it, that means you think it’ll finish with more than those points. If there’s an U next to it, that means you think it will finish under that point threshold.

It shouldn’t come as a surprise to see any of the betting markets listed out below, as these are standard betting markets across most sports betting sites offers players already. The betting markets you can wager on at ESPN BET include:

ESPN Bet offers a few unique markets you won’t be able to find in most other places. Here are a few examples:

ESPN BET is one of the few sportsbooks that allows users to bet alternate player prop unders in same game parlays. Most sportsbooks only allow you to bet the upside – a player for 50+ yards, or 75+ yards at increased prices. However, in those books, you can’t capture a player’s downside because you’re stuck betting only the under on his normal prop line.

You don’t have an infinite number of options, of course. But it’s definitely a step in the right direction that you can take some alternate under. With Jalen Hurts, you can bet his alternate over 41.5 at +110, or alternate under 34.5 at +115, and any number in between.

Most sportsbooks don’t let you bet on things that will not happen: players to not score a goal, players to not score a touchdown, etc.

ESPN BET is one of the few on the market, and the only one among the major U.S. sportsbooks in double-digit states, that allows you to bet players to not score TDs. You can also bet a player to not score in the NHL.

Most people prefer to bet on the things that will happen. It’s awesome to see a sportsbook give you the option to bet the downside. It also helps keep the pricing in line on the “yes” side.

Each sportsbook offers some kind of boosted odds on pre-determined markets. Some are pretty bad, some are terrible, and only a few are worth betting blindly.

After that first weekend, it was definitely a mix. Twitter accounts that calculate the value of every NFL boost discovered that two of the nine NFL boosts on Sunday were +EV and worth betting.

That’s better than most sportsbooks!

However, with previous PENN products, only betting the +EV boosts can get you limited pretty quickly.

ESPN BET has similar banking options to what other popular sportsbooks have, with the potential being there for them to add more. Most methods can be used to both deposit and withdraw funds, but there are a few such as credit and Apple Pay that are exclusive to deposits only.

Payment methods at ESPN BET include:

Withdrawal options at ESPN BET are as follows:

On ESPN BET’s opening weekend, many users experienced delayed payouts. Some withdrawals took over two days to process, which is well outside what’s become the norm in U.S. sports betting but is still within the timeline most sportsbooks give you.

Many users on Twitter complained about the inconsistency of payouts – some received certain payouts instantly, and others were still pending after two days.

Other users complained of verification times, as they waited 4-5 days to join the platform while customer support reviewed supporting documents and verified their accounts. Hopefully, these issues will improve as signups and registrations slow following ESPN BET’s opening weekend.

The ESPN BET responsible gambling resources allow you to set deposit, withdrawal, and play limits on all accounts. There’s also a list of resources to contact if you have a gambling addiction or are starting to show signs of one.

Here are a few common questions and answers regarding ESPN BET.

ESPN BET launched on November 14th, 2023. This concrete date comes after a long time of speculation knowing nothing more than Fall of 2023 and November 2023 as estimated timeframes.

The ESPN BET promo code available is INQUIRER. You must use this code when registering to claim their welcome offer of $150 in bonus bets that are earned after placing a sportsbook bet.

The ESPN BET app is available in 18 states. The states that can play ESPN BET include AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, NC, NJ, OH, PA, TN, VA, and WV. North Carolina was the most recent one to launch.

ESPN BET partners with the PENN Play Loyalty Program, which is one of the most popular and renowned loyalty programs in the online sports betting industry.

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The Inquirer is not an online gambling operator, or a gambling site. We provide this information about sports betting for entertainment purposes only.